Securities / Derivatives

IOSCO Seeks Feedback Bond Market Liquidity, ETF Guidance

07/04/2022

IOSCO is considering ways to improve the functioning of corporate bond markets. It is also proposing new guidance to improve ETF markets.

AML / KYC

Myanmar Orders Conversion of All Foreign Currency to Kyat

07/04/2022

The order suggests the military government may be struggling to repay debt and purchase key supplies. Fresh sanctions were also recently announced.

Fintech / Regtech

Korean Banks to Request Entry into Crypto Sector – Report

07/04/2022

A report will be submitted to the incoming president’s transition committee requesting that banks be allowed to engage in the crypto sector.

ESG / Sustainability

JPX, QUICK Corp Publish Explanations on ESG Issues

07/04/2022

The document provides guidance on the issues facing Japanese companies when it comes to ESG disclosures.

Capital / Liquidity

APRA to Align Definition of SFI Across Prudential Standards

06/04/2022

Under the changes, foreign-owned ADIs will only be considered a ‘significant financial institution’ for capital adequacy purposes if they are large or complex.

Fintech / Regtech

OJK Launches New Integrated Data Analytics System

06/04/2022

‘OSIDA’ leverages data analytics and artificial intelligence to process and analyse large datasets reported by banks to detect risk.

ESG / Sustainability

Malaysia EPF Establishes Sustainable Investment Policy

06/04/2022

The EPF is Malaysia’s largest institutional investor and pension fund. The policy will guide it in integrating ESG considerations in its investment processes.

Market Infrastructure

CBIRC to Ease Rules on Bank Bond Issuance, Foreign Investment

06/04/2022

A requirement for foreign FIs to have USD 10 billion in assets to establish or become strategic investors in Chinese commercial banks has been removed.

Fintech / Regtech

UK Outlines Plan to Become Global Hub for Crypto

06/04/2022

The plan includes a regulatory framework for payment-related stablecoins, enhancements to the tax system, and greater engagement with the crypto industry.